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Business

Fornite maker Epic Games valued at $28.7 bn in funding round

The US company behind video game sensation Fortnite said Tuesday that it was valued at $28.7 billion in a round of funding from investors including PlayStation maker Sony.

Business

MAX return boosts Boeing's Q1 deliveries

The return of the 737 MAX to service boosted Boeing's first-quarter plane deliveries compared with a year ago, according to company data released Tuesday.

Business

Coinbase brings cryptocurrencies to Wall Street

The arrival Wednesday of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for record-breaking bitcoin is in full swing, despite questions about ...

Business

Survey: Nearly 1 in 3 contribute to a crowdfunding drive

Nearly one in three Americans say they donate to a crowdfunding effort each year, according to a first-of its-kind study by the Lilly Family School of Philanthropy at Indiana University. And all indications are that the pandemic ...

Business

Ottawa, Air Canada reach Can$5.9 bln aid agreement

The Canadian government and Air Canada announced Monday they have reached a financial aid plan in the form of loans to help the country's largest airline recover from the coronavirus pandemic.

Business

Auction houses Sotheby's, Phillips latest to join NFT craze

Sotheby's and Phillips launched so-called NFT auctions on Monday, a month after Christie's sold a digital artwork for $69.3 million, as traditional auction houses seek to capitalize on the craze shaking up the art market.

Business

SKorea's Moon says EV battery settlement 'very meaningful'

South Korean President Moon Jae-in on Monday welcomed a decision by two South Korean electric vehicle battery makers to settle a long-running intellectual property dispute that had threatened thousands of American jobs and ...

Business

Twitter picks Ghana for first Africa jobs

Twitter announced Monday it was recruiting eleven people in Ghana, the company's first hires on the African continent, and plans to open an office there later.